2011 - Division of Administration - Louisiana

State of LouisianaCHANGES IN NET ASSETSLAST TEN FISCAL YEARS(ACCRUAL BASIS OF ACCOUNTING)(EXPRESSED IN THOUSANDS)2011 2010 2009 2008NET (EXPENSE) REVENUEGOVERNMENTAL ACTIVITIES $ (8,891,480) $ (9,390,356) $ (9,953,945) $ (9,577,531)BUSINESS-TYPE ACTIVITIES 40,108 (116,703) 97,479 226,577TOTAL PRIMARY GOVERNMENT NET (EXPENSE) REVENUE $ (8,851,372) $ (9,507,059) $ (9,856,466) $ (9,350,954)GENERAL REVENUES AND OTHER CHANGES IN NET ASSETSGOVERNMENTAL ACTIVITIES:INCOME TAXES $ 2,665,804 $ 2,491,144 $ 3,630,547 $ 3,869,834SALES TAXES 2,821,598 2,560,775 3,016,254 3,147,604SEVERANCE TAXES 748,355 776,464 876,579 1,095,244GASOLINE TAXES, restricted for transportation 639,452 624,554 599,192 604,683TOBACCO TAXES 142,064 135,927 105,469 96,314MISCELLANEOUS TAXES 645,990 657,962 762,360 806,213TOBACCO SETTLEMENT, restricted for education, health and welfare 140,978 142,279 71,966 64,294GAMING 823,418 668,235 715,443 742,518UNRESTRICTED INVESTMENT EARNINGS (4,208) (9,301) (12,169) (3,601)MISCELLANEOUS 3,123 338 330 310OTHER 7,950 6,873 134,502 141,410EXTRAORDINARY ITEM - loss on impairment of capital assets -- -- (2,406) --TRANSFERS 1,609 141,615 142,066 132,219TOTAL GOVERNMENTAL ACTIVITIES 8,636,133 8,196,865 10,040,133 10,697,042BUSINESS-TYPE ACTIVITIES:OTHER 14,483 21,732 7,450 12,784EXTRAORDINARY ITEM - gain (loss) on impairment of capital assets -- -- -- --TRANSFERS (1,609) (141,615) (142,066) (132,219)TOTAL BUSINESS-TYPE ACTIVITIES 12,874 (119,883) (134,616) (119,435)TOTAL PRIMARY GOVERNMENT $ 8,649,007 $ 8,076,982 $ 9,905,517 $ 10,577,607CHANGE IN NET ASSETSGOVERNMENTAL ACTIVITIES $ (255,347) $ (1,193,491) $ 86,188 $ 1,119,511BUSINESS-TYPE ACTIVITIES 52,982 (236,586) (37,137) 107,142TOTAL PRIMARY GOVERNMENT $ (202,365) $ (1,430,077) $ 49,051 $ 1,226,653(Concluded)- 158 -